Stuart Reid joins board of Harbour Underwriting
Commercial dispute insurance specialist Harbour Underwriting has announced the appointment of Stuart Reid to its board of directors
As a non-executive director, Stuart will work with the board to support the continued growth of Harbour Underwriting.
Stuart has been the driving force behind some of the UK’s leading insurance businesses including Stuart Alexander, Arthur J Gallagher as CEO of UK retail broking and Bluefin as CEO and Executive Chairman. He has served as Vice President of the Chartered Insurance Institute (CII), Chair of the CII Broking Faculty, Deputy Chair of the British Insurance Brokers Association (BIBA), and Chair of BIBA’s Large Brokers Committee, demonstrating his commitment to quality standards. He is currently chairman of insurance brokerage Partners& and Chairman of sharing economy insurance specialist, Pikl.
Harbour Underwriting chairman Martin Tonnby says: “We are delighted to welcome Stuart to the board of Harbour Underwriting. Stuart has a wealth of experience in the insurance industry which will assist in raising awareness of our specialist commercial dispute insurance products and growing the business.”
Stuart says: “I am excited to join Harbour Underwriting, a highly specialist MGA, at a time of substantial growth. I relish the chance to assist the company to continue to build on an excellent platform and brand. With litigation and insolvencies on the rise, Harbour Underwriting’s commercial After the Event insurance proposition has huge potential and gives brokers a valuable opportunity to cement their role as clients’ risk advisors. I look forward to assisting with the development and growth of this new line of business for brokers, as well as increasing the business’s reach with lawyers and litigation funders.”
Authored by Harbour Underwriting
About Harbour Underwriting
Harbour Underwriting Limited (HUL) is one of the leading providers of commercial dispute insurance for claimants and defendants.
We provide After the Event insurance cover against the costs incurred in bringing or defending legal or arbitration proceedings in commercial disputes. We work with insurance brokers, law firms, funders and advisors to help their commercial clients mitigate the risk of litigation or arbitration. Harbour Underwriting helps brokers oversee their clients’ risk portfolios and demonstrate added value when they need it most.
We offer a range of ATE insurance products that are available at any stage of litigation, including adverse costs cover, own side disbursements cover, own side solicitor’s fees cover, anti-avoidance endorsements and deeds of indemnity to provide security for costs, appeals insurance, damages -based agreement (DBA) and conditional fee agreement (CFA) insurance.
Harbour Underwriting Limited (HUL) is authorised and regulated by the Financial Conduct Authority (Firm reference number 939803) and is a Managing General Agent with full delegated authorities from A-rated carriers.
HUL’s underwriting team are highly experienced litigators who apply their expertise to tailor insurance solutions to our customer's needs.
HUL's sister company, Harbour Litigation Funding, is one of the largest privately-owned litigation funders in the world.